As a property owner, you are likely to have concerns about how high your property tax rate is. It is possible that the tax assessor has incorrectly determined the value of your property. If you have gathered evidence to appeal your assessment, you may wonder if you...
If you are a property owner in Illinois, you likely have a number of different concerns and obligations to take care of, from paying your mortgage to taking care of the property. However, propety taxes are very difficult for many homeowners and in some instances,...
Feeling as though you pay too much on your property tax is something that other Chicago residents can relate to. If your tax bill seems too high for your locality, you may want to further investigate it. Property taxes can fluctuate. If your taxes increase but you...
Property taxes depend on the assessment of your property, including buildings and land. You have little control over the process, and you often do not even know the results until you get your property tax bill each year. According to Illinois.gov, you can appeal your...
Property taxes may be a significant worry for property owners, especially when they come due. To be able to prepare for property taxes, it is helpful for property owners to understand what property taxes are and what they are based on. What are property taxes?...
Even if you have fully paid your mortgage, a high property tax bill can continue to make your home a burdensome expense. So if you feel your property taxes are too high, you should think about whether your assessor has accurately assessed your home. There are ways you...
Illinois residents face some of the highest property taxes in the nation, even though the median home value in the state is relatively low in comparison with many other parts of the nation. There are a number of factors driving the state’s sky-high property taxes, and...
Not understanding property tax assessments is a common issue, especially in Illinois where the law is a little different than the standard followed in most other areas. According to Curbed Chicago, the property tax assessment process in Illinois is undergoing some...
Owners of commercial property in the Chicago area have a lot to think of when it comes to their bottom line, and one financial aspect of owning a business is property taxes. It is essential that property taxes are paid on time to avoid late payment penalties, which...
Business owners face a myriad of legal and financial issues, from contract disputes and employment law hurdles to worries about the future of their company. Unfortunately, tax obligations place a lot of strain on many business owners, especially property taxes. There...
